Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Bitget against Binance−0.109%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$730.729% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 2 days (all we have)+0.186%+$19 · spread now −0.109%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.106% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SMHUSDT | 601.59 | 0 | get 0.0000% / 8h | 7h 38m | $741K | $749K | 20x |
| Short | Bitget SMHUSDT | 600.93 | 0 | get 0.0000% / 8h | 7h 38m | $695K | $119K | 20x |
Binance SMHUSDT
Bitget SMHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.109% → −0.003%
- −$10.58
- Slippage, 4 orders
- −$50.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$83.46
- Costs to cover
- 0.729%
- Break-even
- never at this rate
Slippage from Binance: live order book, 69 min ago; Bitget: live order book, 32 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 69 min ago | 6.43 bp | 17.0 bp −$17 | 69.8 bp −$698 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 32 min ago | 6.17 bp | 19.0 bp −$19 | 55.7 bp −$557 | doesn't fit | doesn't fit |
SMH on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SMHUSDTlong | 0.0000% | 8h | 601.59 | long leg | $741K | $749K | 20x | |
| Bybit SMHUSDT | 0.0000% | 8h | 600.91 | −0.112% | $262K | $2.2M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 601.33 | −0.043% | $508K | $348K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 600.47 | −0.186% | $1.1M | $6.9M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 600.60 | −0.164% | $183K | $22K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 601.10 | −0.081% | $585K | $120K | 20x | as long as short |
| Bitget SMHUSDTshort | 0.0000% | 8h | 600.93 | −0.109% | $695K | $119K | 20x | |
| BloFin SMH-USDT | +0.0029% | 8h | 601.71 | +0.021% | $47K | $28K | 20x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 600.51 | −0.179% | — | — | 25x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 603.43 | +0.306% | $7K | $45K | 10x | as long as short |
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate SMH_USDT
MEXC SMH_USDT
BloFin SMH-USDT
Vest SMH-USD-PERP
HTX SMH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMH | +0.0278% | 1h | 600.72 | −0.144% | $3.3M | $2.1M | 20x | as long as short |
tradeXYZ xyz:SMH